2004 News Releases

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12/27/04Buckeye Completes Sale of Cork, Ireland Building for Euro 10 Million
MEMPHIS, Tenn.--(BUSINESS WIRE)--Dec. 27, 2004--Buckeye Technologies Inc. (NYSE:BKI) today announced that it has completed the sale of its building in Cork, Ireland for Euro 10.0 million (approximately U.S. $13.4 million) to the Port of Cork Company. The Company expects to report a net gain on the sale of the building and other machinery and equipment of approximately U.S. $4.5 million (12 cents per share) in the quarter ended December 31, 2004. The Company ceased production of airlaid no... 
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11/08/04Buckeye Announces CottonFloZ Licensing Agreement with Chickasha of Georgia, LLC
MEMPHIS, Tenn., Nov 8, 2004 (BUSINESS WIRE) -- Buckeye Technologies Inc. (NYSE:BKI) announced today that CottonFloZ, LLC, BKI's joint venture with Z Pellet Enterprises, Inc. of Weldon, NC, has entered into a licensing agreement with Chickasha of Georgia, LLC to produce FuzZpellets(TM), a pelletized whole cottonseed for the dairy and beef feed industries. Under this agreement, Chickasha will begin producing FuzZpellets(TM) in the second quarter of calendar year 2005 after the manufact... 
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10/19/04Buckeye Reports First Quarter Results
MEMPHIS, Tenn.--(BUSINESS WIRE)--Oct. 19, 2004--Buckeye Technologies Inc. (NYSE:BKI) today announced that it earned $4.4 million after tax (12 cents per share) in the quarter ended September 30, 2004. The Company's results include $0.8 million after tax (2 cents per share) in restructuring costs, primarily related to the previously announced closure of its facility in Cork, Ireland. During the same quarter of the prior year, the Company's restated net income was $3.1 million after t... 
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10/12/04Conference Call for Buckeye Technologies Inc.
MEMPHIS, Tenn.--(BUSINESS WIRE)--Oct. 12, 2004--Buckeye Technologies Inc. (NYSE:BKI): First Quarter Results We have scheduled a conference call for Wednesday, October 20, 2004 8:30 a.m. Central Management participating on the call will include David B. Ferraro, Chief Executive Officer John B. Crowe, President and Chief Operating Officer Kris... 
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09/17/04Buckeye Chairman and CEO to Speak at UBS Global Paper & Forest Products Conference
MEMPHIS, Tenn.--(BUSINESS WIRE)--Sept. 17, 2004--Buckeye Technologies Inc. (NYSE:BKI) today announced that David B. Ferraro, Chairman and Chief Executive Officer, will participate in the UBS Global Paper & Forest Products Conference at the Plaza Hotel in New York City on Wednesday, September 22, 2004, at approximately 4:15 p.m. (EDT). A live audio webcast of Mr. Ferraro's remarks and a copy of presentation materials will be accessible at www.ibb.ubs.com and www.bkitech.com respectively. A... 
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09/03/04Buckeye Chairman and CEO to Speak at Morgan Keegan Equity Conference
MEMPHIS, Tenn.--(BUSINESS WIRE)--Sept. 3, 2004--Buckeye Technologies Inc. (NYSE:BKI) today announced that David B. Ferraro, Chairman and Chief Executive Officer, will participate in the Morgan Keegan Equity Conference at the J.W. Marriott Hotel in New Orleans on Friday, September 10, 2004 at approximately 10:40 a.m. (CDT). A live audio webcast of Mr. Ferraro's remarks and a copy of presentation materials will be accessible at http://www.wsw.com/webcast/mk8/bki/ and www.bkitech.com r... 
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08/17/04Buckeye Announces New Board Members
MEMPHIS, Tenn.--(BUSINESS WIRE)--Aug. 17, 2004--Buckeye Technologies Inc. (NYSE:BKI) today announced that Katherine Buckman Davis and John B. Crowe have been elected to serve as Directors of the Company. The size of the Buckeye Board of Directors has been increased from seven persons to nine. Katherine Buckman Davis is Chairman of the Board of Bulab Holdings, Inc., parent company of Buckman Laboratories. She is a native of Memphis, Tennessee and received an undergraduate degree from... 
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08/02/04Buckeye Reports Fourth Quarter Results
MEMPHIS, Tenn.--(BUSINESS WIRE)--Aug. 2, 2004--Buckeye Technologies Inc. (NYSE:BKI) today announced that it earned $1.4 million after tax ($.04 per share) in the quarter ended June 30, 2004. The Company's results include $2 million after tax in restructuring and impairment charges primarily related to the previously announced closures of its facilities in Cork, Ireland and Lumberton, North Carolina. During the same quarter of the prior year, the Company incurred a loss of $5.2 mill... 
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07/12/04Buckeye Technologies Inc. Announces Earnings Conference Call
MEMPHIS, Tenn.--(BUSINESS WIRE)--July 12, 2004--Buckeye Technologies Inc. (NYSE:BKI), will hold its quarterly conference call to discuss fourth quarter results on Tuesday, August 3, 2004, at 10:30 a.m. Eastern Time (9:30 a.m. Central Time). CONFERENCE CALL for BUCKEYE TECHNOLOGIES INC. Fourth Quarter Results We have scheduled a conference call for Tuesday, August 3, 2004 9:30 a.m. Central Management participating on the call will include Davi... 
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07/12/04Conference Call for Buckeye Technologies Inc.
MEMPHIS, Tenn.--(BUSINESS WIRE)--July 12, 2004--Buckeye Technologies Inc. (NYSE:BKI): Fourth Quarter Results We have scheduled a conference call for Tuesday, August 3, 2004 9:30 a.m. Central Management participating on the call will include David B. Ferraro, Chief Executive Officer John B. Crowe, President and Chief Operating Officer Kristopher J. M... 
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04/21/04Buckeye Announces Plan to Upgrade Capability of Americana, Brazil Cotton Cellulose Plant
MEMPHIS, Tenn.--(BUSINESS WIRE)--April 21, 2004--Buckeye Technologies Inc. (NYSE:BKI) today announced that it intends to invest approximately $18 million at its Americana, Brazil cotton cellulose manufacturing facility to upgrade the operation to produce a variety of specialty market pulps. The investment will be made over the next 18 months to enable the plant to begin production of the more technically advanced products in the fall of 2005. Buckeye Chairman, David B. Ferraro, comm... 
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04/20/04Buckeye Announces January-March Results
MEMPHIS, Tenn.--(BUSINESS WIRE)--April 20, 2004--Buckeye Technologies Inc. (NYSE:BKI) today announced that it incurred a loss of $27.5 million after tax (74 cents per share) in the quarter ended March 31, 2004. The loss was due to $28.6 million after tax in restructuring and impairment charges, primarily relating to the previously announced closure of its Cork, Ireland nonwovens manufacturing facility. During the same quarter of the prior year, the Company incurred a loss of $19.7 ... 
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04/02/04Buckeye Technologies Inc. Announces Earnings Conference Call; Wednesday, April 21, 2004, at 10:30 a.m. ET, 9:30 a.m. CT
MEMPHIS--(BUSINESS WIRE)--April 2, 2004--Buckeye Technologies Inc. (NYSE:BKI), will hold its quarterly conference call to discuss third quarter results on Wednesday, April 21, 2004, at 10:30 a.m. Eastern Time (9:30 a.m. Central Time). Conference Call BUCKEYE TECHNOLOGIES INC. Third Quarter Results We have scheduled a conference call for Wednesday, April 21, 2004 ... 
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04/01/04Conference Call for Buckeye Technologies Inc.; Closure of Cork, Ireland Manufacturing Facility
MEMPHIS, Tenn.--(BUSINESS WIRE)--April 1, 2004--Buckeye Technologies Inc. (NYSE:BKI): We have scheduled a conference call for Friday, April 2, 2004 9:30 a.m. Central Management participating on the call will include David B. Ferraro, Chief Executive Officer Kristopher J. Matula, Exec. Vice President, Chief Financial Officer Gordon B. Mitchell, Investor Relations Manager All interested parties are invited to listen to the audio confere... 
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04/01/04Buckeye Announces Closure of Cork, Ireland Manufacturing Facility
MEMPHIS, Tenn.--(BUSINESS WIRE)--April 1, 2004--Buckeye Technologies Inc. (NYSE:BKI) today announced that it will discontinue producing airlaid nonwoven materials at its Cork, Ireland facility by August. The Company will continue to meet customer needs for airlaid nonwoven materials by producing these products at its facilities in Delta, British Columbia, Canada; Steinfurt, Germany; and Gaston, North Carolina. Buckeye Chairman, David B. Ferraro, stated, "Airlaid nonwoven materials ... 
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01/20/04Buckeye Reports October-December Results
MEMPHIS, Tenn.--(BUSINESS WIRE)--Jan. 20, 2004--Buckeye Technologies Inc. (NYSE:BKI) today announced that it incurred a loss of $10.0 million after tax (27 cents per share) in the quarter ended December 31, 2003. The loss was due to the combination of previously reported refinancing, restructuring, and impairment costs of $3.8 million after tax (10 cents per share) and higher than normal expenses which were described in the Company's December 16 earnings warning. The actual results are wi... 
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01/08/04Buckeye Technologies Inc. Announces Earnings Conference Call
MEMPHIS, Tenn.--(BUSINESS WIRE)--Jan. 8, 2004-- Wednesday, January 8, 2004, at 2:00 p.m. ET Buckeye Technologies Inc. (NYSE:BKI), will hold its quarterly conference call to discuss second quarter results on Wednesday, January 21, 2004, at 10:30 a.m. Eastern Time (9:30 a.m. Central Time). Conference Call BUCKEYE TECHNOLOGIES INC. Second Quarter Results -------... 
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